Digital master plan for KLIFD

Azmar (inset) says the plan is aimed at turning KLIFD into a leading financial district with state-of-the-art connectivity, utilising technologies that are smart, intelligent and future proof.

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is developing a Digital Master Plan for the Kuala Lumpur International Financial District (KLIFD).

In a statement, 1MDB Real Estate Sdn Bhd deputy chief executive officer Datuk Azmar Talib said the aim was for KLIFD to be a leading financial district with state-of-the-art connectivity, utilising technologies that were smart, intelligent and future proof.

Datuk Azmar Talib

The blueprint will be used to build solutions that embrace sustainability and connectivity through new Internet technologies and infrastructure services.

1MDB has gathered a global team of IT experts and digital planners led by Accenture Solutions Sdn Bhd to draw up the Digital Master Plan for KLIFD.

“With their proven experience, Accenture will be able to help us identify the scale of the infrastructure and how to put it best, focusing on strategic services that work towards current and future needs,” said Azmar.

“Today, nearly everything can be done electronically and remotely. But nothing can replace the human connectivity – the personal touch and personal interaction for ideas and businesses to thrive.”

In the same statement, Accenture Malaysia country managing director Goh Aik Meng said digital services would help differentiate KLIFD as a pioneering financial district and as a place to live and work.

“It is a pleasure to be teaming with 1MDB on this project, and it confirms our long-term commitment to Malaysia in supporting the national development objectives of the Economic Transformation Plan.”

KLIFD is currently at the master planning phase and is on track to start construction beginning of next year.

The 75-acre development in the Imbi area fronting Jalan Tun Razak aims to bring together leading financial institutions and top global companies to create a catalytic pool of world-class players. It will leverage on Malaysia’s existing strength in Islamic finance and play on its strategic location to complement other financial centres within the region.

1MDB recently appointed Akitek Jururancang (M) Sdn Bhd and its international partner Machado Silvetti and Associates as the master planners for KLIFD.

1MDB is wholly-owned by the Government and serves as a strategic enabler for new ideas and sources of growth to propel economic transformation.

By The Star